ONE RESPONSIBILITY CORPORATE RESPONSIBILITY REPORT TO OUR Table of Contents ABOUT THIS When we published our first Corporate Responsibility As part of our philanthropic efforts, we donated Report five years ago, we began an important, ongoing approximately $5.5 million in foundation and corporate conversation with our stakeholders about our continued contributions to communities where we operate, 1 CEO Letter efforts to conduct business in a safe, reliable and and our dedicated employees logged approximately 2 Vision, Mission, Values ethical way. 2,900 volunteer hours in 2014. 4 ONEOK at a Glance – This corporate responsibility report details ONEOK Today, our commitment to being a responsible corporate By contributing financially and through volunteer work, Corporate Overview and ONEOK Partners’ performance from January 2014 citizen continues to be a key focus for the company. We we help build stronger communities and create a better 5 Growth Projects through December 2014, unless otherwise noted. know that operating safely, reliably and environmentally environment for all of our stakeholders, including our 6 Environment, Safety Topics included in this report were selected following responsibly, and improving the communities where our employees, customers and the general public. and Health internal department interviews and the distribution of employees live and work will help ONEOK remain a As we deepen our understanding of what it means to be Environment an internal corporate responsibility report materiality responsible company for years to come. » a good corporate citizen, we have continued to explore assessment survey. The results of the survey identified This Corporate Responsibility Report provides a review the most effective ways to educate our stakeholders on » Safety and Health two to four topics of interest from each department. of our 2014 Environment, Safety and Health (ESH) our corporate responsibility efforts summarized in the » Mechanical Integrity This report follows the latest version of the Global performance, as well as a progress report in several following pages. We hope this information helps you Reporting Initiative’s (GRI) Sustainability Reporting other areas, including community investments, employee assess for yourself how well ONEOK is doing in these 18 Corporate Governance Guidelines (G4 Guidelines) and is a compilation of relations, government relations and information security. important areas, and we welcome your feedback on 20 Information Security information from ONEOK and ONEOK Partners and these efforts and on this report. I’m pleased to report that in 2014 our ESH performance the executive leadership team. Pages 36 and 37 22 Government Relations at ONEOK and ONEOK Partners improved in many On behalf of everyone at ONEOK, thank you for taking contain the GRI index, a guide that helps readers 26 Community Investments areas, including: the time to learn more about our company. locate specific GRI framework data within the report. 28 Employee Relations » Employee Recordable Injuries; The report reflects the most accurate information 32 Employee Workforce / available to us at the time of printing. » Employee Recordable Illnesses; Economic Impact 34 Financials An online version of this report, as well as more » Days Away, Restricted or Transferred information about our operations, is available at incidents (DART); and 35 Recent Awards www.oneok.com and www.oneokpartners.com. 36 Board of Directors » Total Recordable Incident Rate (TRIR). 38 Global Reporting Initiative Safeguarding our employees, communities and the (GRI) Indicators environment is a companywide commitment and is fundamental to our business success. For a more detailed statistical analysis on these ESH metrics and other ESH categories, please see the statistical comparisons on page 18 of this report. While I’m pleased with the progress we’ve made in many areas, we remain committed to pursuing a zero-incident culture by continuously mitigating risk and eliminating Terry K. Spencer incidents that could harm our employees, contractors, PRESIDENT AND On the cover: Natural gas storage facility near Edmond, Oklahoma. the public and the environment. CHIEF EXECUTIVE OFFICER 1 ONEOK PARTNERS AT A ONEOK Partners operates an extensive 36,000-mile integrated natural gas and natural gas liquids pipeline network positioned in growing basins and major market areas. ONEOK, Inc. (pronounced ONE-OAK) (NYSE: OKE) is the sole general partner of ONEOK Partners, L.P., a publicly traded master limited partnerships engaged in the natural gas gathering and processing, natural gas liquids and natural gas pipelines businesses. MONTANA As we’ve evolved from a traditional natural gas MINNESOTA distributor into a pure-play general partner, we’ve NORTH DAKOTA kept our focus in the right place – on our stakeholders WISCONSIN and our mission to operate safely, reliably and environmentally responsibly. SOUTH DAKOTA » As of March 31, 2015, ONEOK owned WYOMING 37.6 percent of ONEOK Partners. IOWA » ONEOK is a Fortune 200 corporation and NEBRASKA is included in Standard & Poor’s (S&P) 500 Stock Index. ILLINOIS INDIANA » ONEOK is based in Tulsa, Oklahoma, COLORADO KANSAS and was founded in 1906 as Oklahoma Natural Gas Company. MISSOURI KENTUCKY TENNESSEE Intrastate natural gas pipeline near Woodward, Oklahoma NEW MEXICO OKLAHOMA NATURAL GAS GATHERING & PROCESSING Natural Gas Gathering Pipelines TEXAS Natural Gas Processing Plant NATURAL GAS LIQUIDS NGL Pipelines NGL Fractionator NGL Storage 50 percent interest NATURAL GAS PIPELINES Natural Gas Pipelines Natural Gas Storage 50 percent interest 2 3 GROWTH PROJECTS GROWTH PROJECTS As part of our capital-growth program, » Sterling III Pipeline – Approximately 570 miles ONEOK Partners has announced 26,000 bpd of ethane from the natural gas stream we completed several projects in 2014 while of NGL pipeline from north-central Oklahoma to that will be delivered to a third-party ethane pipeline. Mont Belvieu, Texas. Completed in March 2014. investments of approximately $3 billion progress continues on projects scheduled through 2017 for natural gas and » Bear Creek plant – An 80-MMcf/d natural gas » Reconfiguration of Sterling I and II pipelines – for completion in 2015 and 2016. natural gas liquids (NGL) capital-growth processing facility in northwest Dunn County, To transport either unfractionated NGLs North Dakota. Expected completion is third These investments demonstrate our ongoing commitment or NGL purity products. Completed in projects and acquisitions to enhance our quarter 2016. to build the infrastructure necessary to better serve our March 2014. midstream capabilities and enable us to producers and customers. » Demicks Lake plant – A 200-MMcf/d natural gas » Niobrara NGL Lateral – Approximately 90-mile better serve our customers. processing facility in the Williston Basin in From 2010 through 2014, ONEOK Partners invested NGL pipeline lateral that connects ONEOK Certain capital projects were recently suspended due to North Dakota. Suspended. approximately $6 billion in natural gas and natural gas Partners’ Sage Creek natural gas processing lower commodity prices, reduced producer drilling and liquids (NGLs) capital-growth projects and acquisitions facility in the Niobrara Shale formation in » Bronco plant and infrastructure – a 100-MMcf/d the anticipated impact to natural gas volume growth. to enhance our midstream capabilities and better serve Wyoming’s Powder River Basin to the Bakken natural gas processing facility in southern our customers. NGL Pipeline. Completed in September 2014. We expect to resume our suspended capital-growth Campbell County, Wyoming. Suspended. projects as market conditions improve. With the planning » Bakken NGL Pipeline expansion – Phase 1 – » Knox plant and infrastructure – a 200-MMcf/d GROWTH PROJECTS AND ACQUISITIONS and development already completed, we’re in a position To increase capacity to 135,000 bpd. natural gas processing facility in Grady and COMPLETED IN 2014 AND FIRST QUARTER 2015 to quickly resume these projects when the environment Completed September 2014. Stephens counties in Oklahoma. Suspended. improves and our customers require these services. Natural Gas Gathering and Processing » MB-3 NGL fractionator – 75,000-bpd NGL Natural Gas Liquids » Canadian Valley plant – A 200-million cubic feet fractionator at Mont Belvieu, Texas. ANNOUNCED GROWTH PROJECTS per day (MMcf/d) natural gas processing facility Completed in December 2014. » Pipeline and Hutchison Fractionator upgrades – in the Cana-Woodford Shale in Oklahoma. Expected completion is first quarter 2015. » West Texas NGL pipeline system acquisition – Natural Gas Gathering and Processing Completed in March 2014. An 80 percent interest in the West Texas LPG Bakken NGL Pipeline expansion – Phase II – » Natural gas compression – To take advantage of » Pipeline Limited Partnership and 100 percent » Garden Creek II plant – A 100-MMcf/d natural gas additional natural gas processing capacity as a To increase capacity to 160,000 bpd. Expected interest in the Mesquite Pipeline, which consist processing facility in the Williston Basin in North result of better than expected plant performance completion date is first quarter 2016. collectively of approximately 2,600 miles of NGL Dakota. Completed in August 2014. at our existing Garden Creek and Stateline gathering pipelines extending from the Permian » Bear Creek infrastructure – Infrastructure related natural gas processing plants in the Williston » Garden Creek III